Chateau project could get extension |

Chateau project could get extension

Adam Jensen
A rendering shows proposals for the Chateau-at-Heavenly project at the state line.The top drawing is a depiciton of the originally envisioned project. The bottom drawing is what completion of the partial project would look like. Adam Jensen / Tahoe Daily Tribune

The Tahoe Regional Planning Agency may consider granting another extension for the long-stalled Chateau project at the state line, where construction could resume this summer under a plan presented by developers.

Owens Financial, the owner of the majority of the parcels at the site, has proposed building the retail portion of the project as a way to improve the site and create momentum toward completion of the entire project, which includes hotel and condominium, as well as convention center, space.

The Chateau-at-Heavenly project has been stalled for more than five years after financing fell through and the original developer went through bankruptcy proceedings.

Although a mid-July deadline has been publicly discussed as being a make-or-break moment for project, approvals of the project could be extended if the developers show diligent progress, TRPA spokesman Jeff Cowen said Friday.

The public benefit would be diminished if the project does not resume construction in July, according to Lew Feldman, the South Shore attorney representing Owens Financial.

Getting the project restarted by mid-July would allow necessary improvements by South Tahoe Public Utility District to be completed in time for a sidewalk in front of the construction to be in place by the upcoming ski season, which is a concern of Caltrans, Feldman said.

Review of the partial project will be before the South Lake Tahoe City Council June 11.

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